Beware! Everinvest.org is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
Everinvest.org is a dirty clone firm, and we need to inform you right away about it. The thing is, a bunch of scammers replicated the entire website (including the logo) of a reputable regulated company and started acting as if part of its group. Well, Everinvest.org is simply a fraudulent pretended broker that’s going to rip you off as soon as you put money there. In fact, you won’t even realize you are dealing with scammers unless you are suspicious enough. Read on to find the details you need to know about this sham.
Everinvest.org REGULATION AND SAFETY OF FUNDS
Everinvest.org pretends to be EverFX, and it even abuses its credentials to present itself as legitimate. Well, it’s not; the so-called broker is a clone, but a well-crafted one. Fortunately, the authentic company and the Seychelles financial regulator FSA detected it and issued warnings against it. At the end of this section, you can see the announcement made by EverFX about Everinvest.org. The bottom line is that your funds will be in danger if you deposit because Everinvest.org is a clone firm and a dirty scam.
Avoid it, and better see the high-rated EU brokers and British brokers on both lists. The European companies are adequately regulated, but most importantly, participating in deposit insurance funds created to protect investors’ money if things go wrong. For example, CySEC brokers’ clients can claim up to 20 000 EUR in case of bankruptcy, while the British guarantees are up to 85 000 GBP. The deposit funds guarantee extra customer protection, and if you can open accounts with European brokers, you can safely do so.
Everinvest.org TRADING SOFTWARE
Everinvest.org doesn’t have trading software. Upon registration, we landed on a disgusting chart that’s as useless as G in lasagna. It’s not scalable, and you can’t do anything whatsoever with it. Also, the Buy/Sell buttons are dysfunctional, so they serve for decoration purposes only. That’s a scam!
That being said, we’d like to offer the high-rated MetaTrader4 brokers and MetaTrader5 brokers on both lists, which indeed deliver the best Forex platforms. The MTs are packed with advanced features such as Expert advisors, many indicators, and excellent charting tools. The software also includes a marketplace with more than 10 000 apps and third-party developed solutions, which happens to be an unrivalled advantage.
As a result, we can’t talk about real time-spreads and leverage levels. Also, the information on the website is totally irrelevant because it’s about the authentic broker’s services. Nevertheless, we’ll devote a paragraph on leverage because it’s a risky matter, and traders should be aware of some restrictions.
In fact, leverage is utterly dangerous, and it’s now a subject of government regulation in various jurisdictions. For example, the licensed EU, British and Australian brokers have to cap clients to 1:30 for FX majors, while Canadian brokers and US brokers to 1:50. Swiss brokers are reliable but not leverage restrained, so risk-tolerant traders who can open an account in Switzerland can safely go for it. Leverage is risky, and you’d better use it wisely.
Everinvest.org DEPOSIT/WITHDRAW METHODS AND FEES
The minimum deposit is $250, which is slightly more than the regulated brokers’ demands on average. However, Everinvest.org doesn’t offer trading accounts but some suspicious investment packages with suspiciously lucrative interest rates- hundreds of per cent. That’s a scam!
The funding methods are Bitcoin and Credit/Debit cards, out of which the latter is considerably safer. Bitcoin deposits are final and non-refundable, while bank cards grant chargeback rights allowing people to dispute transactions and eventually get their money back- up to 540 days after the transaction.
Nevertheless, see our lists with Skrill brokers, Neteller brokers, FasaPay brokers, Sofort brokers, and Bitcoin brokers if you have a preferred e-wallet or a trusted payment system. The high-rated companies are well-regulated, and you won’t face scammers, so you can safely open accounts.
Information about withdrawals, fees, inactivity procedures and so on is not available. The few legal documents accessible belong to the authentic broker, and the information within is irrelevant.
Overall, Everinvest.org is a clone firm and an officially exposed scam, so you should stay away from those charlatans.
HOW DOES THE SCAM WORK
Fraudulent brokers and fishy websites come forth every single day. Nevertheless, most new scam projects represent a modification of common fraud that’s similar from country to country.
Nowadays, scammers are stalking victims mainly on the Internet and social media. Their offers look legit and present thrilling opportunities to put your money in the Forex market. To get enticed, people will be reassured the broker can secure high returns and risk-free trading guaranteed by seasoned financial professionals. The scammers intentionally make people believe Forex is harmless, but precisely the opposite is true- you can lose everything if not careful enough.
In the usual scenario, scammers just pocket victims’ deposits and won’t send a dollar back. Sometime after the deposit, clients would ask for a withdrawal or a refund, but the con artists would delay or downright refuse to pay back. Make no mistake, scammers would find excuses to deny withdrawals and would even shamelessly ask for more money to let clients get their money. At the end, when fraud becomes evident, the scammers would simply cut the communication, leaving the victims defrauded. Then, sooner or later, the fraudulent broker will be abandoned, and another one will appear in its place. Scammers are professionals and will carry on forging crooked schemes, so you need to stay alert and always double-check.
WHAT TO DO WHEN SCAMMED
Unfortunately, no one is immune to scams. If you get scammed, the first thing you need to do is to consider the secondary risks. Deactivate your bank card immediately and contact your bank and ask for advice.
Then, report what happened to you, file a complaint, contact the authorities, call the police if you feel necessary. Seek help actively!
Remember, it’s crucial not to rush blindly to recover funds because fraudulent chargeback agencies and individuals are stalking, trying to double scam the victims. They ask for upfront payment, take the money but won’t do anything to help you!
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